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Given my penchant for making plays in the market after 10:30 EST, we see that the market tried to bounce around 10:30 EST, eventually succeeding at 11:30 EST. Ultimately however, this is not a one-position market, rather this is a market where groups are moving, a move reflective in a number of instances, notwithstanding Chinese internet stocks.

Doom and Gloom

Chinese stocks received a beating earlier this week, following a number of disparaging signs of a bubble that many market participants felt was the worst kept secret in financial markets. After incurring a drop of nearly -32% off of its highs in the middle of June, the Shanghai Index has found itself facing a number of headwinds.

In addition, markets also grappled the lingering situation in Greece that came to a head yesterday with a concrete ultimatum of a “final” deadline between Eurogroup creditors and the Greek government.

Jeffery Patterson manages the Executives portal for Finance Magnates. He debut in the Forex industry in 2011 was at FXStreet, having previously worked in academia across number of econometric studies, and HIV research.Jeff is keeping his ears close to the ground in everything related to the executive segment of the trading industry. From executive moves to joining our select choice of Executives, feel free to reach out to Jeff and exchange ideas, which most probably will be translated into interviews...